Transcat Acquires Martin Calibration Inc.’s 7 Labs, Expanding Midwest Service Presence
Dec 10, 2024•about 1 year ago
Acquiring Company
Transcat
Acquired Company
Martin Calibration
Description
Transcat, Inc., a leading provider of accredited calibration services, has successfully acquired Martin Calibration Inc., a Midwest leader in the metrology business. With this acquisition, Transcat expands its service presence, including the addition of 7 labs in Minneapolis, Chicago, Milwaukee, Eau Claire, Tempe, and Los Angeles. This strategic move aligns with Transcat's goal of increasing capabilities, geographic reach, and expertise to better serve its highly regulated industries.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed